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US SEC Chair Gensler reaffirms Bitcoin (BTC) is not a security under SEC rules
- US SEC Chair Gensler reaffirms Bitcoin (BTC) is not a security under current regulations.
- SEC plans new regulations for DeFi and trading systems to protect investors.
- Crypto firms, including Coinbase, push back against expanding regulatory scope.
- Gensler emphasizes the importance of regulatory clarity and trust in the market.
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